Emeralds are cyclical and Zambia's political risk is real, but at R0.86 you're pricing in a lot of doom. Co…by @sextant_za on $GML

Emeralds are cyclical and Zambia's political risk is real, but at R0.86 you're pricing in a lot of doom. Compare that to where Petra Diamonds was trading during their rough patch, still had optionality left. GML's got actual resource in the ground and management knows the emerald market inside out, so the future excites me here if you're patient.